BROADCASTS.com

b'In this episode, Mark Podolsky talks about\\xa0how the pandemic, inflation, and rising interest rate are affecting the market. He also dives into what is the main risk driver in the land investing model. Mark shares his strategies and tips to be successful in this model and how we can invest in it as well.\\n\\xa0\\n\\xa0\\n[00:01 - 03:27] Opening Segment\\nMark shares about his background and what he does in the land business\\nHelping people solve their money and time problems\\xa0\\n\\xa0\\n[03:28 - 08:26] How Does the Land Business Work\\nDoing due diligence or in-depth research\\nConfirm if you still own the property\\xa0\\nConfirm the taxes\\nMake sure there is no break in the chain of titles\\xa0\\nThe secret to house flipping is making the property irresistible to the buyer\\nThere are exempts when you are not dealing with the tenant\\nKnow what is your close rate\\xa0\\n\\xa0\\n[08:26 - 11:03] Protecting Yourself on the Back End\\xa0\\nDocuments needed when the payments are defaulted\\nPromissory note\\xa0\\nPurchase sale agreement\\nLand sale contract\\nIf there is no payments after the initial payment you have the advantage to put the property up for sale again\\n\\xa0\\n[11:03 - ] The Impact of Economic Changes in Real Estate\\xa0\\nSeeing that it is more difficult to but than it is to sell the property\\nRise of property sales during the pandemic\\xa0\\nPredicting high unemployment rate for people in the land business work\\n\\xa0\\n\\xa0\\n[24:15 - 29:06] Closing Segment\\nQuick break for our sponsors\\nThe first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.\\xa0Learn more about Personal Capital at escapingwallstreet.com\\xa0\\nWhat is your favourite book?\\nThe Man Who Bought the Waldorf; the Life of Conrad N. Hilton by Thomas Ewing Dabney\\n\\xa0Mark Podolsky\\u2019s indispensable tool\\xa0\\xa0\\nLGPass.com\\nGeekPay.io\\xa0\\nWhat are you looking forward to in 2023?\\nAfrican Safari, South Africa\\n\\xa0\\n\\xa0\\nConnect with Mark Podolsky:\\nWebsite:https://www.thelandgeek.com/\\n\\xa0\\n\\xa0\\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through\\xa0https://www.passivewealthstrategy.com/crowdstreet/\\nParticipate directly in real estate investment loans on a fractional basis. Go to\\xa0www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\\nJoin our Passive Investor Club for access to passive commercial real estate investment opportunities.\\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\n\\xa0\\nTweetable Quotes:\\n\\u201cMy big purpose in life is to help people solve not just their money problems, but their money and time problems.\\u201d - Mark Podolsky'